In one embodiment of the invention, a versatile lid includes: a lid body comprising a stair-steps configuration; and a plurality of rings formed in the lid body; wherein the plurality of rings includes a first ring that is configured to receive a first container having a first size and a second ring that is configured to receive a second container having a second size. In another embodiment of the invention, a versatile lid includes: a lid body comprising a center portion, a bendable lid portion, and an edge portion; wherein the bendable lid portion is between the center portion and the edge portion; and wherein the bendable lid portion is configured to bend in an upward direction and bend in a downward direction.